ZIMMERMAN, Minn., Oct. 28 /PRNewswire-FirstCall/ -- Kingsley Coach, Inc. (Pink Sheets: KNGS) is pleased to announce that the Company will be establishing a short term rental and leasing subsidiary in order to help increase the Company's revenue streams. After considerable due diligence and deliberation, Kingsley has found a need to focus its business on the short-term rental of Kingsley custom coaches, as well as motor homes made by other manufacturers. The motor home market has had considerable increases in the number of sales in the last decade, from 2001 to 2004; motor home ownership increased over 39%. According to the U.S. Census Bureau and the RV Rental Assoc. RV rental has become a $350 million a year business and is likely to increase with sales of motor homes dipping in the last year as well as the current down turn in the financial sector; the average age for motor home ownership is 49. "Custom Motor homes like those Kingsley sells on a commercial chassis, combined with new technology and amenities are in significant demand. It is believed that by offering rental options to our customers, we can provide a wide array of Kingsley coaches to a broader base of RV buyers." stated Allan Smethers, CEO of Kingsley Coach, Inc." About Kingsley Coach: Kingsley manufactures custom, luxury coaches and special-use coaches including medical, communications, entertainment, and various specialty and business-use coaches. A Kingsley Coach is mounted on a class 8 heavy duty chassis powered by names such as Peterbilt, Kenworth, Volvo, and Freightliner. With automatic transmissions, a reinforced bodies, and ultimate quality, a Kingsley offers comfort, safety, and high-performance. A Kingsley Coach has been referred to as "The Most Extraordinary Home on the Road." Additional information is available at http://www.kingsleycoach.com/. Forward-Looking Statements: Certain information contained in this news release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. While these statements are made to convey the Company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Actual Company results may differ materially from those described. The Company's operations and business prospects are always subject to risk and uncertainties. DATASOURCE: Kingsley Coach, Inc. CONTACT: Kingsley Coach, Inc., Investor Relations, +1-866-THE APPL(E), +1-866-843-2775 Web Site: http://finance.yahoo.com/q/h?s=kngs.ob http://www.kingsleycoach.com/

Copyright